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Odisha Economic Survey: Know The Areas Where State Needs Centre’s Intervention


28 June 2019

OMMCOM NEWS


Bhubaneswar: Odisha has improved its economic growth in the year 2018-19 to 8.4% from 7.4% in previous financial year. While the State is putting its best effort in infrastructure development, there are some areas where intervention of central government agencies is felt to be critical:

In Odisha, as compared with all-India average, the accessibility of Automated Teller Machine (ATM) per lakh population or bank branches per lakh population is low. In this context, further collaboration with financial institutions to channelize funds to Micro, Small and Medium Enterprises (MSME) etc. can fast-track inclusive economic growth.

Wireless Tele-density of Odisha was 79.58 as compared with national average of 91.09 as on March 2018. Out of total 51,311 villages of the State, about 11,000 villages do not have mobile connectivity (2016-17). Clearly, there is significant scope for widening the coverage, while the existing network also needs to be constantly upgraded to keep pace with advancements of technology in this area.

Odisha has one of the lowest rail connectivity in the country, especially in the Kalahandi, Bolangir and Koraput (KBK) region. The density of rail route in Odisha is only 16 km as against all States’ average of 20 km. Similarly, 87% of roads in the State are surfaced (higher than all India average) but the State has only 4.8% share in national highways.